Robert Holmes Swan, a director of eBay Inc., recently acquired 695 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on May 01, 2019. Swan now owns 290,485 shares of the company. Swan operates out of San Jose, CA. Some additional info was provided as follows:
The reporting person has elected to receive fully vested shares of the Issuer's common stock in lieu of cash retainer fees payable for service on the Issuer's Board of Directors and any committees thereof. The number of shares issued represents the quotient of (A) the amount of such fees divided by (B) the Issuer's closing stock price on the date such fees would otherwise be paid, rounded up to the nearest whole share.
ction with the reporting person's service as a non-employee director of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $250,000 divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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